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PepsiCo Affirms Full-Year Outlook
Both PepsiCo (PEP Quote) and PepsiAmericas (PAS Quote) affirmed their full-year earnings forecasts Wednesday and said their profits should increase from a year ago.
PepsiCo, based in Purchase, N.Y., expects to earn $2.16 to $2.19 a share for the year, including merger costs of 3 cents a share. The company earned $1.96 a share last year. Analysts are calling for earnings of $2.20 a share. ...
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